Oil prices fall 1.5 percent as storm shutters more refineriesCrude prices slipped more than 1.5 percent lower on Tuesday as the market grappled with the shutdown of more than 16 percent of refining capacity in the United States after a hurricane ripped through the heart of the country’s oil industry. Worries about U.S. refining knocked crude prices lower despite disruptions in oil production elsewhere in the world. U.S. West Texas Intermediate (WTI) crude edged down 62 cents or 1.3 percent to $45.95 a barrel at 12:34 p.m. EDT (1634 GMT).

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